REG - Oxford Nanopore Tech - Proposed cancellation of LAT shares

Oxford Nanopore TechnologiesAnnouncement

26/11/2024 07:00

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RNS Number : 6610N  Oxford Nanopore Technologies plc  26 November 2024

26 November 2024

Oxford Nanopore Technologies plc (the "Company")

Proposed cancellation of limited anti-takeover shares

The Company today announces the proposed cancellation of its three limited
anti-takeover shares ("LAT shares"), being one class A LAT share of £1.00,
one class B LAT share of £1.00 and one class C LAT share of £1.00.

 

As outlined in the Company's IPO Prospectus, the rights attaching to the LAT
Shares expired three years from the date of admission. Therefore, on 5 October
2024, the LAT Shares ceased to carry any of their rights. Consequently, the
holders of the LAT Shares propose to gift them to the Company for nil
consideration, following which the Company proposes to immediately cancel them
in accordance with section 662 of the Companies Act 2006.

 

Since the LAT shares have ceased to carry any of their rights, the total
number of voting rights in the Company will not be changed by the proposed
cancellation of the LAT shares.

 

 

Enquiries:

 

Investors

ir@nanoporetech.com

 

Media

media@nanoporetech.com

OxfordNanoporeTechnologies@teneo.com

 

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